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AVI
AVI
AVI - AVI Limited - Acceptance of Share Options by AVI Directors and Directors
of Major Subsidiaries
AVI Limited
(Registration Number 1944/017201/06)
Share Code: AVI
ISIN: ZAE000049433
("AVI")
ACCEPTANCE OF SHARE OPTIONS BY AVI DIRECTORS AND DIRECTORS OF MAJOR SUBSIDIARIES
In compliance with Rules 3.63 - 3.74 of the Listings Requirements of the JSE
Limited, the following information is disclosed:
Director: Simon Crutchley
Company: AVI Limited
Date of transaction: 11 December 2009
Nature of transaction: Acceptance of options in the AVI
Out Performance Scheme
Class of securities: Options in respect of ordinaryshares
Number of options granted: 141,859
Option allocation price: R18.61
Total value of transaction: R2,639,995.99
Nature and extent of
Director`s interest: Direct beneficial
Clearance obtained: Yes
Director: Owen Cressey
Company: AVI Limited
Date of transaction: 1 1 December 2009
Nature of transaction: Acceptance of options in the AVI
Out Performance Scheme
Class of securities : Options in respect of ordinary shares
Number of options granted: 65,560
Option allocation price: R18.61
Total value of transaction: R1,220,071.60
Nature and extent of
Director`s interest: Direct beneficial
Clearance obtained: Yes
Director: Robert Katzen
Company: National Brands Limited
Date of transaction: 11 December 2009
Nature of transaction: Acceptance of options in the AVI
Out Performance Scheme
Class of securities: Options in respect of ordinary shares
Number of options granted: 58,631
Option allocation price: R18.61
Total value of transaction: R1,091,122.91
Nature and extent of
Director`s interest: Direct beneficial
Clearance obtained: Yes
Director: Owen Cressey
Company: National Brands Limited
Date of transaction: 11 December 2009
Nature of transaction: Acceptance of options in the AVI
Executive Share Incentive Scheme
Class of securities: Options in respect of ordinary shares
Number of options granted: 212,020
Option allocation price: R18.99
Total value of transaction: R4,026,259.80
Nature and extent of
Director`s interest: Direct beneficial
Clearance obtained: Yes
Director: David Hood
Company: National Brands Limited
Date of transaction: 11 December 2009
Nature of transaction: Acceptance of options in the AVI
Out Performance Scheme
Class of securities: Options in respect of ordinary shares
Number of options granted: 72,555
Option allocation price: R18.61
Total value of transaction: R1,350,248.55
Nature and extent of
Director`s interest: Direct beneficial
Clearance obtained: Yes
Director: Donnee MacDougall
Company: National Brands Limited
Date of transaction: 11 December 2009
Nature of transaction: Acceptance of options in the AVI
Out Performance Scheme
Class of securities: Options in respect of ordinary shares
Number of options granted: 61,126
Option allocation price: R18.61
Total value of transaction: R1,137,554.86
Nature and extent of
Director`s interest: Direct beneficial
Clearance obtained: Yes
Director: Ronald Fasol
Company: Irvin & Johnson Holding Company Limited
Date of transaction: 11 December 2009
Nature of transaction: Acceptance of options in the AVI Out Performance
Scheme
Class of securities: Options in respect of ordinary shares
Number of options granted: 67,168
Option allocation price: R18.61
Total value of transaction: R1,249,996.48
Nature and extent of
Director`s interest: Direct beneficial
Clearance obtained: Yes
Illovo
15 December 2009
Sponsor
Standard Bank
Date: 15/12/2009 09:42:01 Produced by the JSE SENS Department.
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